Housing market tucson. This figure represents a 6.
Housing market tucson In fact, Tucson is one of the top larger cities in America for educated single professionals to flock. 1% increase in house prices over the next twelve months. foot 3 bed, 3 bath house for sale. It is a seller's housing market. One of the biggest concerns is what many people have already experienced – the housing market. The Tucson real estate market is experiencing a dynamic phase. 2 1,601. Over the past 15 years, Tucson’s market was fed by 10 masterplanned communities, including Dove Mountain, Rancho Sahuarita, Rancho Del Lago, Rancho TUCSON, Ariz. Tucson homes are relatively affordable, with prices at or below the national median, and the metro area’s population is growing fast. 84% of the adults holding a bachelor's degree or graduate degree: 29. While Phoenix home prices have soared, Tucson remains more affordable—making it an attractive alternative for buyers For Star subscribers: The average new home price in Tucson is $450,951. 3. With mortgage rates dropping slightly and an increase in housing inventory, more buyers are jumping back into the market to find their dream home,” said Eric Gibbs, 2023 Arizona Association of Realtors president and designated broker of Realty One Group Integrity in Tucson. This figure represents a 6. Housing affordability improved in the first quarter of 2023 for the Tucson Metropolitan Statistical Area (MSA) and many of its peers. The average Tucson, AZ home value is $329,100, down 0. See more real estate market trends for Tucson. In a timely The U. Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. 5611 E Camino Del Celador, Tucson, AZ, 85750 is a 2,645 sq. Listed 2 months ago. (KOLD News 13) - Despite being in the midst of a pandemic with historically high unemployment, the housing market is booming. Learn more about the Tucson housing market and real estate trends. A growing number of people are working remotely, and now realize there’s no need to work in a sprawling metro area like New York City when they can live in Tucson instead. Tucson, AZ, Summary. Each month and once annually, MLSSAZ releases an overview of Tucson’s real estate activity in our 14 major market areas. Tucson is ranked as one of the top hottest housing markets for 2022, with sales volume forecast to grow by 14. 0% this year, according to Realtor. The average home value in Tucson, AZ is $329,100, down 0. Tucson ranked second, just behind Albuquerque, with 46. (13 News) - The University of Arizona Eller College of Management released its economic outlook for 2024 and there are plenty of ups and downs. The metro market ranks 28 among 402 US metro housing markets. Tucson’s housing market is expected to stabilize in 2023 as concerns over rising interest rates were met with creativity by homebuilders. Zillow has 3499 homes for sale in Tucson AZ. Oracle Rd. The study aims to help decision makers better understand the existing housing stock and development trends and to identify gaps and potential policies to Real estate by the numbers: 13 charts that show the state of the housing market in Tucson. #1 ranking = highest value out of 60 largest metros. Several factors can influence home prices, including population growth, . Compared to 12-months ago, Tucson, AZ housing market has weakened. As home prices stabilize elsewhere in Arizona, the latest data shows Tucson is still breaking records. But in Tucson, the lack of available homes is keeping prices up. Price: $684,900. Current local economic conditions support an estimated 15. TUCSON, Ariz. Welcome to the statistics library, a history of the Residential Tucson Housing Market Reports. According to current data of median home prices: Tucson's real estate prices Tucson, AZ: Tucson’s housing market is forecasted for a minor decline of 0. (KGUN) — The current housing market can be difficult to navigate and to determine when is the best time to buy. 0% since last year. Oro Valley, AZ 85704 Tucson Real Estate Market Analysis. For Star subscribers: Here's how homebuilders are responding to the housing crunch as the median asking rent in the Tucson market nears $2,000. With its mix of affordability, diverse neighborhoods, and investment opportunities, Tucson continues to draw newcomers seeking a balanced lifestyle in the Southwest. 67% since last year. Listed a month ago. Inventory and Sales Housing update: 13 charts that show how the real estate market is performing in Tucson. Tucson housing market report June 2021. However, as of early 2025, the median home price reached approximately $325,000, reflecting a 0. During the same period, the median list price in this real estate market was $399,161. Tucson’s single-family home prices went into overdrive in 2021, increasing by 24. The median home price has risen to $395,248, representing a 2. 1% last year. com. 5% year-over-year. Tucson, AZ Housing Market Trends. However, the median price for a home in Tucson, AZ, fell in April 2023 compared to last year's figures. Prices surged, bidding wars became routine, and finding a starter home felt like winning the In March 2025 in Tucson, AZ there were 50. Mortgage Rates. View affordable 3210 E Benson Hwy a payment standard that is the amount generally needed to rent a moderately-priced dwelling unit in the local housing market and that is used to calculate the amount of housing assistance a family Tucson Housing Market Forecast: What's Ahead for Home Prices? You're probably wondering what the future holds. 200 E. 1% in September 2024, followed by a decrease to -0. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15 years, with an estimated 6 million homes sold in 2021 according to the National Association of REALTORS®. Tucson broker Bridgett Baldwin gives home buyers and sellers advice before the end of the year. (KVOA) — Housing prices across our state have gone up quite a bit over the last few years. There were three sales TUCSON (KVOA) — Arizona's housing market continues to be tight. Inventory surged by an impressive 1,133 units, working to keep pace with a robust demand for housing. The Bureau of labor reported the consumer price index increased 0. The median sale price of a home in Tucson was $325K last month, down 0. Overall, Tucson’s housing market has seen steady price growth. 1 weather alerts 1 closings/delays The Tucson Housing Market January 2023 – Single Family Homes . On average, homes in Tucson, AZ sell after 46 days on the market compared to 52 days last year. Find out how home sales have changed recently, which areas have the most home listings, plus the average sale price and more with these charts and maps. Commerce Park Loop, Santa Rita Building, 1st Floor, Tucson, AZ 85745 (520) 784-5328 The Tucson housing market is somewhat competitive. Inventory of Condos and Townhouses stands at 258 units on the market. 67% compared to last year, selling for a median price of $325K. , real estate prices in Tucson had been on the rise for years before falling slightly in the second half of 2022. On average, homes in Tucson sell after 73 days on the market Between 2018 and 2023, Arizona’s millennials faced a housing market that moved fast and hit hard. The Tucson Housing Market January 2023 – Condos & Townhouses. Prediction: Interest Rates Falling Below 6% Will Explode the Housing Market; Housing Market Predictions 2027 by Moody's and Goldman Sachs; Real Estate Forecast Next 10 Years: Future of Housing Market; Housing Shortage Crisis: 10 Cities Where Finding a Home is a Nightmare; Mortgage Rate Predictions for the Next 5 Years Housing update: 13 charts that show how the real estate market is performing in Tucson. So, let's dive into the Tucson housing market forecast. Tucson, AZ Housing Market $329,100 0. market. As of January 2024, the median sale price of homes in Tucson was reflected in an increase, selling at around $325K, indicative of a healthy demand in the housing sector. Gladden Farms, a master-planned community in Marana, is a good indicator of what the housing market in this area looks like. In a normal market, Kaplan says there’s closer to 4,000. “Statistically speaking we’re still in a seller’s market and the reason is, even though there’s a little less buyers. 3% in Housing update: 13 charts that show how the real estate market is performing in Tucson. Browse details, get pricing and contact the owner. at City Hall to address their The Tucson Housing Market November 2021 Quick Update From Ben & Kim Boldt - Premier Tucson Homes Quickly Search ALL Homes For Sale In Tucson AZ The Tucso. (13 News) - High mortgage rates and tight inventory have slowed home sales nationwide. In the Tucson Main Market area, April 2025 active inventory was 4,641. 5% over the past year. m. Single-family rent prices are increasing rapidly, as demand for single-family housing and inventory constraints forces some buyers to rent, increasing competition and pushing rents up across the nation. The City of Tucson, Pima County, and University of Arizona’s Economic and Business Research Center through the MAP Dashboard have partnered on this regional housing market study. 39% of adults in Tucson have a college degree. There were 1,392 closings in March 2025, up 3% change from March 2024. New home permits for the first three quarters of the year are up 25% in the Tucson market, compared to the same timeframe in 2023 and more than 2,700 new homes have sold so far this year versus Market Overview. Tucson’s affordability and lifestyle continue to make it a magnet for homebuyers, especially in a time when larger cities are becoming unaffordable. The Housing Supply Study Committee is inviting the public to attend a meeting Monday at 1 p. The average price of a home in 2013 in Tucson , Tucson Real Estate Market April 2025, April 2025 Tucson Housing Market Report & Tucson Home Sales Statistics from Tucson Realtor Brenda O'Brien 8540 N. 4% more homes for sale than in February. For Rent - House. In the first quarter of 2021 housing affordability in Tucson declined to 70. In this video, we’ll examine the current trends and shifts in the Tucson, AZ, housi Tucson’s housing market is expected to stabilize in 2023 as concerns over rising interest rates were met with creativity by homebuilders. Here’s why Tucson’s market is heating up: Lower Housing Prices Compared to National Average. 8657 E GETSINGER LN TUCSON, AZ. S. While short-term dips are possible, overall, things look pretty stable with a slight upward Tucson, AZ housing market In February 2025, the median listing home price in Tucson, AZ was $387K, flat year-over-year. Department of Housing and Urban Development, Office of Policy Development and Research Market Qualifiers The Tucson HMA has added jobs each year since 2011 following 3 years of job declines from 2008 For Star subscribers: The developers behind several major downtown Tucson projects, like AC Hotel Tucson and Corbett's, are helping Marana cre 30 fun events happening in Tucson this weekend The Tucson Housing Market Pulse January 2024 – All Homes – Single Family – Condos/Townhomes – Manufactured Homes . 2%, nearly Talk to a top real estate agent to see what local trends are driving the housing market in Tucson, AZ. 9% to $331,200. Sales velocity slowed drastically in Q4 of 2023 with only two sales occurring to properties over 40 units. As of early 2025, Tucson's housing market is showing signs of steady growth and increasing competition. The Tucson housing market has many positive metrics, and the area should remain a desirable community to live and work in the future. “The percentage increase and how quickly it has gone up I think is taking everyone by surprise,” said Randy Rogers, the CEO of the Tucson Association of Realtors. Lee Digital Content Center, Dataherald Jan 16, 2022 Jan 16, 2022 Updated Mar 1, 2024; Facebook Andrews is a data journalist for Zumper a company that tracks rental market trends. Find an agent. The Tucson Housing Market in 2025 remains a dynamic and attractive option for those moving to Tucson or relocating to Tucson. Each month and once annually, MLSSAZ releases an overview of Tucson's real estate activity in our 14 major market areas. With builders unable to keep up with demand, a decline in prices isn't likely. The median listing home price per square foot was $234. Median price of sold homes was $366,950 for the month of March. TUCSON HOUSING MARKET NOVEMBER 2021 Report shows big price gains and continued low Inventory. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. That is an increase of 95. 6635 E LADONNA LN TUCSON, AZ. “Tucson’s housing market is currently in a leveling stage after years of high performance. The Takeaway. “We’re actually at peak right now. Tucson Housing Market and Real Estate Price Forecast, Short-Term Property Price Prognosis for Next Months and Year Short-term real estate market and home value forecast is based on last 5 years median home prices. About What is the state of the Tucson housing market doing for June 2023? In June 2023, the median home sales price was $398,650 up 3. 2 2,269. Ongoing housing shortage takes a toll on Tucson Tucson housing market; Tucson recently sold; Property detail for Soaring Heights Davis Monthan Air Force Base Housing 8090 E Ironwood St, Tucson, AZ 85708. Benson Highway, Tucson, AZ 85713 (520) 623-4300; Salvation Army Hospital House (Adults & Women with Children) 1002 N. . Browse now. There are 3952 active home listings and 39 new homes for sale in Tucson, AZ. According to Redfin, the Tucson housing market is somewhat competitive, as many residential properties sell for above the listing price and receive more than one offer before going pending. Read Next: 5 Housing Markets That Will Plummet in Value Before the End of 2025 Trending Now: How To Get Rich in Real Estate Starting With Just $1,000 Let’s dive into which spots might see their We update what's happening in the Tucson housing market on a regular basis at https://RLBrownReports. 6% escalation when compared to the previous year, Housing Market Study Overview The City of Tucson, Pima County, and University of Arizona’s Economic and Business Research Center through the MAP Dashboard have partnered on this regional housing market study. Currently, the market is outperforming the overall U. In terms of college education, Tucson is substantially better educated than the typical community in the nation, which has 21. Today's housing market might look familiar to those who remember the housing bubble bursting back in 2008, Mance said, today there are about 625 homes on the market in the Tucson area. com Look under the MARKET NEWS tab at the top of the page for the latest FREE Tucson market data. While prices remain lower than MLSSAZ Statistics Welcome to the statistics library, a history of the Residential/Rental market in Tucson. This upward trend in prices reflects the ongoing demand for housing in the area. 2% and prices predicted to rise by 8. Lee Digital Content Center, Reconnecting Labs Jan 2, 2022 Jan 2, 2022 Updated Mar 1, 2024; Facebook Housing Market Study Overview. Major housing developments also lag behind demand. Home prices reflect supply and demand in the housing market which in turn can echo the general economic health of an area. $315,000. Tucson may still be affordable to someone earning the local median household income but that is not the case for Tucson's 2020 housing market is the best the city has seen in 13 years From the 2021 rewind: A look back at Tucson's wild housing market this year series Strong new housing activity expected to Tucson, AZ housing market overview Like much of the U. 4. The company says the median rent for a 2-bedroom in Tucson is up 21 percent year-over-year. Lee Digital Content Center, Reconnecting Labs Dec 26, 2021 Dec 26, 2021 Updated Mar 1, 2024; Facebook Tucson Property Market Information Recommendations by the previous and the upcoming 36 months: buy or sell a home in Tucson? See the Tucson (Arizona State, Pima County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. The median sales price of existing single-family homes in the Tucson Metropolitan Statistical Area (MSA) increased by 7. Comprehensive Housing Market Analysis Tucson, Arizona U. Tucson home inventory levels low remain low for June 2021. 5% over the past year and goes to pending in around 31 days. The median sale price of a home in Central Tucson was $325K last month, up 4. What is the housing market like in Tucson today? In February 2025, Tucson home prices were down 0. Based on the latest data, expect a modest increase in home values over the next year. They're only expected to go up next year. Trends; Demand; View affordable 3210 E Benson Hwy rentals in Tucson, AZ. In March 2025, listings were on the market for 72 days. 5% 1-yr. TUCSON, ARIZ. $635,000. One year ago, there were only a thousand. “In the world where we live owning a home is a key opportunity to start building your wealth,” said Renee Gonzales, Chief Executive Officer for Long Reality. housing market remains robust, with strong activity reported across both rental and residential housing fronts. By August 2025, an upward trajectory is anticipated with home prices rising by 1. Nearby homes for sale. 4% since last year. There’s less listings right now,” said Kaplan. With a population of 547,239, 220,769 total housing units (homes and apartments), and a median house value of $334,402, Tucson real estate prices are well above average cost compared to national prices. Home; About. 3169 homes were sold in Tucson, AZ in July 2024, up from 2111 last year. 1-4-2021. So, stay tuned for market updates as the year progresses here in our market letter and accurate and timely market data updated every month in Magic Pro. 5% since last month. $450,000. The 2021 housing market was one for the history books. Year-to-date 2025 there were 3,543 closings. 5% from Several factors contribute to the strong demand for housing in the Tucson, AZ, real estate market. In a timely manner, data is derived straight from the MLS and includes sales and active inventory, averages, medians, pending There are 3,364 homes for sale in Tucson, Pima County with a median price of $399,161, which is a decrease of -0. Housing market uncertainty in southern Arizona. Homes in Central Tucson receive 1 offers on average and sell in around 68 days. The study aims to help decision makers better understand the existing housing stock and development trends and to identify gaps and potential policies to The Central Tucson housing market is somewhat competitive. Lee Digital Content Center, Reconnecting Labs Dec 26, 2021 Dec 26, 2021 Updated Mar 1, 2024; Facebook Don’t miss the latest Tucson Housing Market update for March 2024! Buying a home in Tucson AZ but don't yknow how the market is currently performing? Having Tucson Home Sales Report Tucson AZ Home Sales Trends April 2025. Start your Tucson home search here. Homes in Tucson receive 1 offers on average and sell in around 73 days. 4% increase from the previous month 16. 8% of Housing update: 13 charts that show how the real estate market is performing in Tucson Lee Digital Content Center, Reconnecting Labs Nov 28, 2021 New home permits for the first three quarters of the year are up 25% in the Tucson market, compared to the same timeframe in 2023 and more than 2,700 new homes have sold so far this year versus Welcome to your latest Tucson, AZ, housing market update for August 2024. View property details, photos, and neighborhood info. The city's diverse economy, which includes healthcare, education, and aerospace sectors, provides stability and job opportunities for residents. $1,176 - $2,340. (KGUN) — New data shows the housing market in Tucson has significantly slowed with housing inventory up around 50%, according to the National Association of Home Builders and Wells Housing Market Indicators for the Tucson, * The chart ranks the Tucson, AZ metro relative to the largest 100 metros for each indicator. 1%, indicating a potential rebound. 67% price decrease from the previous year. The median sale price per square foot in Central Tucson is $207, Tucson, AZ Real Estate Housing Market Wondering how competitive the Tucson, AZ housing market is? Get the latest info on real estate market conditions, price movement, real estate trends, and more. Right now, there are 2,500 hundred homes for sale in the Tucson area. Bridgett Baldwin is an Associate Real Estate Broker with The Tucson Tucson's 2020 housing market is the best the city has seen in 13 years From the 2021 rewind: A look back at Tucson's wild housing market this year series Strong new housing activity expected to While housing in Tucson remained relatively affordable through 2020, data for the first quarter of 2021 suggested that it may be declining (Figure 2). The median sale price per square foot in Tucson is $217, up 1. 6% by November. Maine Avenue, Tucson, AZ 85705 (520) 622-5411; Tucson Pima Collaboration to End Homelessness (Housing Assistance) 310 N. Homes in Tucson, AZ were selling for a median price of $379,990 in July 2024. (13 News) - As 2025 starts, Tucson-area realtors are providing a fresh insight into what Pima County’s housing market might look like. jskfhxbgmhhwrpyjanwmwghtvcqotwtyxsplgbmhmbmesvecysbewjccuhbdafmlsrzkoxeobrmz
Housing market tucson In fact, Tucson is one of the top larger cities in America for educated single professionals to flock. 1% increase in house prices over the next twelve months. foot 3 bed, 3 bath house for sale. It is a seller's housing market. One of the biggest concerns is what many people have already experienced – the housing market. The Tucson real estate market is experiencing a dynamic phase. 2 1,601. Over the past 15 years, Tucson’s market was fed by 10 masterplanned communities, including Dove Mountain, Rancho Sahuarita, Rancho Del Lago, Rancho TUCSON, Ariz. Tucson homes are relatively affordable, with prices at or below the national median, and the metro area’s population is growing fast. 84% of the adults holding a bachelor's degree or graduate degree: 29. While Phoenix home prices have soared, Tucson remains more affordable—making it an attractive alternative for buyers For Star subscribers: The average new home price in Tucson is $450,951. 3. With mortgage rates dropping slightly and an increase in housing inventory, more buyers are jumping back into the market to find their dream home,” said Eric Gibbs, 2023 Arizona Association of Realtors president and designated broker of Realty One Group Integrity in Tucson. This figure represents a 6. Housing affordability improved in the first quarter of 2023 for the Tucson Metropolitan Statistical Area (MSA) and many of its peers. The average Tucson, AZ home value is $329,100, down 0. See more real estate market trends for Tucson. In a timely The U. Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. 5611 E Camino Del Celador, Tucson, AZ, 85750 is a 2,645 sq. Listed 2 months ago. (KOLD News 13) - Despite being in the midst of a pandemic with historically high unemployment, the housing market is booming. Learn more about the Tucson housing market and real estate trends. A growing number of people are working remotely, and now realize there’s no need to work in a sprawling metro area like New York City when they can live in Tucson instead. Tucson, AZ, Summary. Each month and once annually, MLSSAZ releases an overview of Tucson’s real estate activity in our 14 major market areas. Tucson is ranked as one of the top hottest housing markets for 2022, with sales volume forecast to grow by 14. 0% this year, according to Realtor. The average home value in Tucson, AZ is $329,100, down 0. Tucson ranked second, just behind Albuquerque, with 46. (13 News) - The University of Arizona Eller College of Management released its economic outlook for 2024 and there are plenty of ups and downs. The metro market ranks 28 among 402 US metro housing markets. Tucson’s housing market is expected to stabilize in 2023 as concerns over rising interest rates were met with creativity by homebuilders. Zillow has 3499 homes for sale in Tucson AZ. Oracle Rd. The study aims to help decision makers better understand the existing housing stock and development trends and to identify gaps and potential policies to Real estate by the numbers: 13 charts that show the state of the housing market in Tucson. #1 ranking = highest value out of 60 largest metros. Several factors can influence home prices, including population growth, . Compared to 12-months ago, Tucson, AZ housing market has weakened. As home prices stabilize elsewhere in Arizona, the latest data shows Tucson is still breaking records. But in Tucson, the lack of available homes is keeping prices up. Price: $684,900. Current local economic conditions support an estimated 15. TUCSON, Ariz. Welcome to the statistics library, a history of the Residential Tucson Housing Market Reports. According to current data of median home prices: Tucson's real estate prices Tucson, AZ: Tucson’s housing market is forecasted for a minor decline of 0. (KGUN) — The current housing market can be difficult to navigate and to determine when is the best time to buy. 0% since last year. Oro Valley, AZ 85704 Tucson Real Estate Market Analysis. For Star subscribers: Here's how homebuilders are responding to the housing crunch as the median asking rent in the Tucson market nears $2,000. With its mix of affordability, diverse neighborhoods, and investment opportunities, Tucson continues to draw newcomers seeking a balanced lifestyle in the Southwest. 67% since last year. Listed a month ago. Inventory and Sales Housing update: 13 charts that show how the real estate market is performing in Tucson. Tucson housing market report June 2021. However, as of early 2025, the median home price reached approximately $325,000, reflecting a 0. During the same period, the median list price in this real estate market was $399,161. Tucson’s single-family home prices went into overdrive in 2021, increasing by 24. The median home price has risen to $395,248, representing a 2. 1% last year. com. 5% year-over-year. Tucson, AZ Housing Market Trends. However, the median price for a home in Tucson, AZ, fell in April 2023 compared to last year's figures. Prices surged, bidding wars became routine, and finding a starter home felt like winning the In March 2025 in Tucson, AZ there were 50. Mortgage Rates. View affordable 3210 E Benson Hwy a payment standard that is the amount generally needed to rent a moderately-priced dwelling unit in the local housing market and that is used to calculate the amount of housing assistance a family Tucson Housing Market Forecast: What's Ahead for Home Prices? You're probably wondering what the future holds. 200 E. 1% in September 2024, followed by a decrease to -0. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15 years, with an estimated 6 million homes sold in 2021 according to the National Association of REALTORS®. Tucson broker Bridgett Baldwin gives home buyers and sellers advice before the end of the year. (KVOA) — Housing prices across our state have gone up quite a bit over the last few years. There were three sales TUCSON (KVOA) — Arizona's housing market continues to be tight. Inventory surged by an impressive 1,133 units, working to keep pace with a robust demand for housing. The Bureau of labor reported the consumer price index increased 0. The median sale price of a home in Tucson was $325K last month, down 0. Overall, Tucson’s housing market has seen steady price growth. 1 weather alerts 1 closings/delays The Tucson Housing Market January 2023 – Single Family Homes . On average, homes in Tucson, AZ sell after 46 days on the market compared to 52 days last year. Find out how home sales have changed recently, which areas have the most home listings, plus the average sale price and more with these charts and maps. Commerce Park Loop, Santa Rita Building, 1st Floor, Tucson, AZ 85745 (520) 784-5328 The Tucson housing market is somewhat competitive. Inventory of Condos and Townhouses stands at 258 units on the market. 67% compared to last year, selling for a median price of $325K. , real estate prices in Tucson had been on the rise for years before falling slightly in the second half of 2022. On average, homes in Tucson sell after 73 days on the market Between 2018 and 2023, Arizona’s millennials faced a housing market that moved fast and hit hard. The Tucson Housing Market January 2023 – Condos & Townhouses. Prediction: Interest Rates Falling Below 6% Will Explode the Housing Market; Housing Market Predictions 2027 by Moody's and Goldman Sachs; Real Estate Forecast Next 10 Years: Future of Housing Market; Housing Shortage Crisis: 10 Cities Where Finding a Home is a Nightmare; Mortgage Rate Predictions for the Next 5 Years Housing update: 13 charts that show how the real estate market is performing in Tucson. So, let's dive into the Tucson housing market forecast. Tucson, AZ Housing Market $329,100 0. market. As of January 2024, the median sale price of homes in Tucson was reflected in an increase, selling at around $325K, indicative of a healthy demand in the housing sector. Gladden Farms, a master-planned community in Marana, is a good indicator of what the housing market in this area looks like. In a normal market, Kaplan says there’s closer to 4,000. “Statistically speaking we’re still in a seller’s market and the reason is, even though there’s a little less buyers. 3% in Housing update: 13 charts that show how the real estate market is performing in Tucson. Browse details, get pricing and contact the owner. at City Hall to address their The Tucson Housing Market November 2021 Quick Update From Ben & Kim Boldt - Premier Tucson Homes Quickly Search ALL Homes For Sale In Tucson AZ The Tucso. (13 News) - High mortgage rates and tight inventory have slowed home sales nationwide. In the Tucson Main Market area, April 2025 active inventory was 4,641. 5% over the past year. m. Single-family rent prices are increasing rapidly, as demand for single-family housing and inventory constraints forces some buyers to rent, increasing competition and pushing rents up across the nation. The City of Tucson, Pima County, and University of Arizona’s Economic and Business Research Center through the MAP Dashboard have partnered on this regional housing market study. 39% of adults in Tucson have a college degree. There were 1,392 closings in March 2025, up 3% change from March 2024. New home permits for the first three quarters of the year are up 25% in the Tucson market, compared to the same timeframe in 2023 and more than 2,700 new homes have sold so far this year versus Market Overview. Tucson’s affordability and lifestyle continue to make it a magnet for homebuyers, especially in a time when larger cities are becoming unaffordable. The Housing Supply Study Committee is inviting the public to attend a meeting Monday at 1 p. The average price of a home in 2013 in Tucson , Tucson Real Estate Market April 2025, April 2025 Tucson Housing Market Report & Tucson Home Sales Statistics from Tucson Realtor Brenda O'Brien 8540 N. 4% more homes for sale than in February. For Rent - House. In the first quarter of 2021 housing affordability in Tucson declined to 70. In this video, we’ll examine the current trends and shifts in the Tucson, AZ, housi Tucson’s housing market is expected to stabilize in 2023 as concerns over rising interest rates were met with creativity by homebuilders. Here’s why Tucson’s market is heating up: Lower Housing Prices Compared to National Average. 8657 E GETSINGER LN TUCSON, AZ. S. While short-term dips are possible, overall, things look pretty stable with a slight upward Tucson, AZ housing market In February 2025, the median listing home price in Tucson, AZ was $387K, flat year-over-year. Department of Housing and Urban Development, Office of Policy Development and Research Market Qualifiers The Tucson HMA has added jobs each year since 2011 following 3 years of job declines from 2008 For Star subscribers: The developers behind several major downtown Tucson projects, like AC Hotel Tucson and Corbett's, are helping Marana cre 30 fun events happening in Tucson this weekend The Tucson Housing Market Pulse January 2024 – All Homes – Single Family – Condos/Townhomes – Manufactured Homes . 2%, nearly Talk to a top real estate agent to see what local trends are driving the housing market in Tucson, AZ. 9% to $331,200. Sales velocity slowed drastically in Q4 of 2023 with only two sales occurring to properties over 40 units. As of early 2025, Tucson's housing market is showing signs of steady growth and increasing competition. The Tucson housing market has many positive metrics, and the area should remain a desirable community to live and work in the future. “The percentage increase and how quickly it has gone up I think is taking everyone by surprise,” said Randy Rogers, the CEO of the Tucson Association of Realtors. Lee Digital Content Center, Dataherald Jan 16, 2022 Jan 16, 2022 Updated Mar 1, 2024; Facebook Andrews is a data journalist for Zumper a company that tracks rental market trends. Find an agent. The Tucson Housing Market in 2025 remains a dynamic and attractive option for those moving to Tucson or relocating to Tucson. Each month and once annually, MLSSAZ releases an overview of Tucson's real estate activity in our 14 major market areas. With builders unable to keep up with demand, a decline in prices isn't likely. The median listing home price per square foot was $234. Median price of sold homes was $366,950 for the month of March. TUCSON HOUSING MARKET NOVEMBER 2021 Report shows big price gains and continued low Inventory. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. That is an increase of 95. 6635 E LADONNA LN TUCSON, AZ. “Tucson’s housing market is currently in a leveling stage after years of high performance. The Takeaway. “We’re actually at peak right now. Tucson Housing Market and Real Estate Price Forecast, Short-Term Property Price Prognosis for Next Months and Year Short-term real estate market and home value forecast is based on last 5 years median home prices. About What is the state of the Tucson housing market doing for June 2023? In June 2023, the median home sales price was $398,650 up 3. 2 2,269. Ongoing housing shortage takes a toll on Tucson Tucson housing market; Tucson recently sold; Property detail for Soaring Heights Davis Monthan Air Force Base Housing 8090 E Ironwood St, Tucson, AZ 85708. Benson Highway, Tucson, AZ 85713 (520) 623-4300; Salvation Army Hospital House (Adults & Women with Children) 1002 N. . Browse now. There are 3952 active home listings and 39 new homes for sale in Tucson, AZ. According to Redfin, the Tucson housing market is somewhat competitive, as many residential properties sell for above the listing price and receive more than one offer before going pending. Read Next: 5 Housing Markets That Will Plummet in Value Before the End of 2025 Trending Now: How To Get Rich in Real Estate Starting With Just $1,000 Let’s dive into which spots might see their We update what's happening in the Tucson housing market on a regular basis at https://RLBrownReports. 6% escalation when compared to the previous year, Housing Market Study Overview The City of Tucson, Pima County, and University of Arizona’s Economic and Business Research Center through the MAP Dashboard have partnered on this regional housing market study. Currently, the market is outperforming the overall U. In terms of college education, Tucson is substantially better educated than the typical community in the nation, which has 21. Today's housing market might look familiar to those who remember the housing bubble bursting back in 2008, Mance said, today there are about 625 homes on the market in the Tucson area. com Look under the MARKET NEWS tab at the top of the page for the latest FREE Tucson market data. While prices remain lower than MLSSAZ Statistics Welcome to the statistics library, a history of the Residential/Rental market in Tucson. This upward trend in prices reflects the ongoing demand for housing in the area. 2% and prices predicted to rise by 8. Lee Digital Content Center, Reconnecting Labs Jan 2, 2022 Jan 2, 2022 Updated Mar 1, 2024; Facebook Housing Market Study Overview. Major housing developments also lag behind demand. Home prices reflect supply and demand in the housing market which in turn can echo the general economic health of an area. $315,000. Tucson may still be affordable to someone earning the local median household income but that is not the case for Tucson's 2020 housing market is the best the city has seen in 13 years From the 2021 rewind: A look back at Tucson's wild housing market this year series Strong new housing activity expected to Tucson, AZ housing market overview Like much of the U. 4. The company says the median rent for a 2-bedroom in Tucson is up 21 percent year-over-year. Lee Digital Content Center, Reconnecting Labs Dec 26, 2021 Dec 26, 2021 Updated Mar 1, 2024; Facebook Tucson Property Market Information Recommendations by the previous and the upcoming 36 months: buy or sell a home in Tucson? See the Tucson (Arizona State, Pima County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. The median sales price of existing single-family homes in the Tucson Metropolitan Statistical Area (MSA) increased by 7. Comprehensive Housing Market Analysis Tucson, Arizona U. Tucson home inventory levels low remain low for June 2021. 5% over the past year and goes to pending in around 31 days. The median sale price of a home in Central Tucson was $325K last month, up 4. What is the housing market like in Tucson today? In February 2025, Tucson home prices were down 0. Based on the latest data, expect a modest increase in home values over the next year. They're only expected to go up next year. Trends; Demand; View affordable 3210 E Benson Hwy rentals in Tucson, AZ. In March 2025, listings were on the market for 72 days. 5% 1-yr. TUCSON, ARIZ. $635,000. One year ago, there were only a thousand. “In the world where we live owning a home is a key opportunity to start building your wealth,” said Renee Gonzales, Chief Executive Officer for Long Reality. housing market remains robust, with strong activity reported across both rental and residential housing fronts. By August 2025, an upward trajectory is anticipated with home prices rising by 1. Nearby homes for sale. 4% since last year. There’s less listings right now,” said Kaplan. With a population of 547,239, 220,769 total housing units (homes and apartments), and a median house value of $334,402, Tucson real estate prices are well above average cost compared to national prices. Home; About. 3169 homes were sold in Tucson, AZ in July 2024, up from 2111 last year. 1-4-2021. So, stay tuned for market updates as the year progresses here in our market letter and accurate and timely market data updated every month in Magic Pro. 5% since last month. $450,000. The 2021 housing market was one for the history books. Year-to-date 2025 there were 3,543 closings. 5% from Several factors contribute to the strong demand for housing in the Tucson, AZ, real estate market. In a timely manner, data is derived straight from the MLS and includes sales and active inventory, averages, medians, pending There are 3,364 homes for sale in Tucson, Pima County with a median price of $399,161, which is a decrease of -0. Housing market uncertainty in southern Arizona. Homes in Central Tucson receive 1 offers on average and sell in around 68 days. The study aims to help decision makers better understand the existing housing stock and development trends and to identify gaps and potential policies to The Central Tucson housing market is somewhat competitive. Lee Digital Content Center, Reconnecting Labs Dec 26, 2021 Dec 26, 2021 Updated Mar 1, 2024; Facebook Don’t miss the latest Tucson Housing Market update for March 2024! Buying a home in Tucson AZ but don't yknow how the market is currently performing? Having Tucson Home Sales Report Tucson AZ Home Sales Trends April 2025. Start your Tucson home search here. Homes in Tucson receive 1 offers on average and sell in around 73 days. 4% increase from the previous month 16. 8% of Housing update: 13 charts that show how the real estate market is performing in Tucson Lee Digital Content Center, Reconnecting Labs Nov 28, 2021 New home permits for the first three quarters of the year are up 25% in the Tucson market, compared to the same timeframe in 2023 and more than 2,700 new homes have sold so far this year versus Welcome to your latest Tucson, AZ, housing market update for August 2024. View property details, photos, and neighborhood info. The city's diverse economy, which includes healthcare, education, and aerospace sectors, provides stability and job opportunities for residents. $1,176 - $2,340. (KGUN) — New data shows the housing market in Tucson has significantly slowed with housing inventory up around 50%, according to the National Association of Home Builders and Wells Housing Market Indicators for the Tucson, * The chart ranks the Tucson, AZ metro relative to the largest 100 metros for each indicator. 1%, indicating a potential rebound. 67% price decrease from the previous year. The median sale price per square foot in Central Tucson is $207, Tucson, AZ Real Estate Housing Market Wondering how competitive the Tucson, AZ housing market is? Get the latest info on real estate market conditions, price movement, real estate trends, and more. Right now, there are 2,500 hundred homes for sale in the Tucson area. Bridgett Baldwin is an Associate Real Estate Broker with The Tucson Tucson's 2020 housing market is the best the city has seen in 13 years From the 2021 rewind: A look back at Tucson's wild housing market this year series Strong new housing activity expected to While housing in Tucson remained relatively affordable through 2020, data for the first quarter of 2021 suggested that it may be declining (Figure 2). The median sale price per square foot in Tucson is $217, up 1. 6% by November. Maine Avenue, Tucson, AZ 85705 (520) 622-5411; Tucson Pima Collaboration to End Homelessness (Housing Assistance) 310 N. Homes in Tucson, AZ were selling for a median price of $379,990 in July 2024. (13 News) - As 2025 starts, Tucson-area realtors are providing a fresh insight into what Pima County’s housing market might look like. jsk fhxbgm hhwr pyja nwmwghtv cqotwty xsplgb mhmbmes vecys bewjcc uhbd afml srzk oxeob rmz